Global Adhesive Films Market, By Film Material (Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC), Others), Application (Tapes, Graphic Films, Labels), End-Use Industries (Packaging, Transportation, Electrical and Electronics, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Adhesive Films Market
The adhesive films market is expected to witness market growth at a rate of 5.63% in the forecast period of 2021 to 2028. Data Bridge Market Research report on the adhesive films market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for films in the end-use industries is escalating the growth of the adhesive films market.
Adhesive films are defined as the backing materials coated with adhesives, including tapes, films, and sheets that are versatile in application and easy to use. These films are widely utilized to join two surfaces and are made up of polyethylene, polypropylene, polyvinyl butyral, polyvinyl chloride, and polyvinyl acetate. These adhesive films are considered pre-catalyzed adhesives consisting of compounds such as phenolic, epoxy, and bismaleimide delivered in the form of sheet or film.
The extensive usage of plastic and composite in the production of automobiles acts as one of the major factors driving the growth of the adhesive films market. The increase in the initiatives by the automobile manufacturers for making lightweight vehicles to optimize fuel efficiency and the rise in the replacement of mechanical joining processes with adhesive films in the manufacturing of heavy trucks to sports cars accelerate the market growth. The high use of the Methacrylates in exterior applications as it bonds exceptionally well with metal and rises in their demand owning to their capability to distribute pressure and stress loads evenly compared to mechanical fasteners such as rivets further influence the market.
In addition, expansion of e-commerce, pharmaceutical, and consumer durables industries, high consumer demand for product Informal, increased product efficiency, customer service, and advanced technology positively affect the adhesive films market. Furthermore, forward integrations in the value chain and a rise in demand for bioplastic polymers extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, fluctuations in raw material prices are expected to obstruct market growth. Implementation of stringent regulatory policies is projected to challenge the adhesive films market in the forecast period of 2021-2028.
This adhesive films market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on adhesive films market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Adhesive Films Market Scope and Size
The adhesive films market is segmented on the basis of film material, application and end-use industries. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of film material, the adhesive films market is segmented into polypropylene (PP), polyethylene (PE), polyvinyl chloride (PVC) and others.
- On the basis of application, the adhesive films market is segmented into tapes, graphic films and labels.
- On the basis of end-use industries, the adhesive films market is segmented into packaging, transportation, electrical and electronics and others.
Global Adhesive Films Market Country Level Analysis
The adhesive films market is analyzed and market size, volume information is provided by country, film material, application and end-use industries as referenced above.
The countries covered in the global adhesive films market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the adhesive films market due to the increase in demand from large-scale end-use industries such as automobiles, electronics, and construction.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Adhesive Films Market Share Analysis
The adhesive films market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to adhesive films market.
The major players covered in the adhesive films market report are Master Bond, Nusil, Axiom Materials, Inc., Lord Corporation, Bondline Electronic Adhesives, AI Technology, Gurit, Galp, Marathon Petroleum Corporation, Devson Catalyst Private Limited, Global Precision Ball & Roller., Idemitsu Kosan Co. Ltd., H.B. Fuller, DOW, 3M, Solvay Group, NITTO DENKO CORPORATION, H.B. Fuller Company, and Henkel AG & Co. KGaA, L&L Products., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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